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JSE – CAS Profile’s Stock Exchange Handbook: 2020 – Issue 2
WEBSITE: www.cashbuild.co.za
Cashbuild Ltd. TELEPHONE: 011-248-1500
FAX: 086-666-3291
CAS
COMPANY SECRETARY: Takalani Nengovhela
TRANSFER SECRETARY: Computershare
Investor Services (Pty) Ltd.
SPONSOR: Nedbank CIB
AUDITORS: PwC Inc.
BANKERS: First National Bank, Nedbank Ltd.,
Scan the QR code to Standard Bank of SA Ltd.
visit our website
ISIN: ZAE000028320 SHORT: CASHBIL CODE: CSB
REG NO: 1986/001503/06 FOUNDED: 1978 LISTED: 1986
CALENDAR Expected Status
NATURE OF BUSINESS: Next Final Results 31 Aug 2020 Unconfirmed
Cashbuild is southern Africa’s largest retailer of quality Annual General Meeting 30 Nov 2020 Unconfirmed
building materials and associated products, selling direct to a Next Interim Results Mar 2021 Unconfirmed
cashpaying customer base through our constantly expanding
chain of stores (321 at the end of this reporting period which
ISSUED
includes 60 P&L Hardware stores and one DIY store). CAPITAL STRUCTURE AUTHORISED 24 989 811
35 000 000
CSB
Ords 1c ea
Cashbuild carries an in-depth quality product range tailored
to the specific needs of the communities we serve. Our DISTRIBUTIONS [ZARc]
customers are typically home-builders and improvers, con- Ords 1c ea Ldt Pay Amt
tractors, farmers, traders, as well as all other customers Interim No 54 24 Mar 20 30 Mar 20 435.00
requiring quality building materials at the best value. Final No 53 23 Sep 19 30 Sep 19 420.00
Cashbuild has built its credibility and reputation by consis- Interim No 52 18 Mar 19 25 Mar 19 435.00
tently offering its customers quality building materials at the Final No 51 18 Sep 18 25 Sep 18 346.00
best value and through a purchasing and inventory policy that LIQUIDITY: Mar20 Ave 190 040 shares p.w., R42.9m(39.5% p.a.)
ensures customers’ requirements are always met.
GERE 40 Week MA CASHBIL
SECTOR: Consumer Srvcs—Retail—Gen Retailers—Home Improves 50477
MAJOR ORDINARY SHAREHOLDERS as at 27 Mar 2020
Allan Gray (Pty) Ltd. 20.16% 41828
Standard Financial Markets 12.05%
Goldrick P K 10.02% 33178
24529
FINANCIAL STATISTICS
(R million) Dec 19 Jun 19 Jun 18 Jun 17 Jun 16 15879
Interim (53wks) Final(rst) Final(rst) Final
Final 7230
2015 | 2016 | 2017 | 2018 | 2019 |
Turnover 5 510 10 821 10 207 9 730 8 670
Op Inc 299 559 543 620 549 Recent Announcements
NetIntPd(Rcvd) 51 - 54 - 51 - 37 - 70 Cashbuild interim results December 2019 - Tuesday, 03 March 2020:
Tax 75 180 169 188 177
Minority Int 3 5 5 4 5 Revenue for the interim period decreased to R5.510 billion
Att Inc 170 427 421 465 437 (2018: R5.563 billion), gross profit lowered to R1.369 billion
TotCompIncLoss 178 437 431 449 455 (2018: R1.394 billion), operating profit increased 5% to R299
Hline Erngs-CO 173 434 424 464 431 million (2018: R285 million), net profit attributable to owners
Fixed Ass 2 430 1 129 1 100 979 929 of the company weakened 22% to R170 million (2018: R217
Inv & Loans 54 28 - - 2 million), while headline earnings per share came in at 762.4
Def Tax Asset 104 66 46 27 19 cents per share (2018: 972.3 cents per share).
Tot Curr Ass 3 261 2 279 2 635 2 257 2 108 Dividend
Ord SH Int 2 096 2 157 1 890 1 656 1 443
Minority Int 33 31 28 23 22 Considering the strong cash position the board has declared an
LT Liab 1 466 224 205 198 184 interim dividend (number 54), of 435 cents (2018: 435 cents)
Tot Curr Liab 2 679 1 583 2 177 1 863 1 889 per ordinary share out of income reserves to all shareholders of
Cashbuild.
PER SHARE STATISTICS (cents per share)
EPS (ZARc) 748.00 1 881.30 1 851.60 2 047.70 1 920.40 Company prospects
HEPS-C (ZARc) 762.40 1 910.40 1 866.50 2 045.20 1 891.50 Group revenue for the subsequent six weeks after half year end
Pct chng p.a. - 20.2 2.4 - 8.7 8.1 24.6 has remained at similar levels for the comparable six week
Tr 5yr av grwth % - 11.6 13.6 11.7 27.6 period. Management expects trading conditions to remain
DPS (ZARc) 435.00 855.00 842.00 930.00 1 001.00 extremely challenging.
Pct chng p.a. - 1.5 - 9.5 - 7.1 40.6 Tuesday, 25 February 2020: Further to the trading statement
Tr 5yr av grwth % - 12.1 13.5 12.5 32.3
NAV PS (ZARc) 8 388.00 8 636.00 7 561.00 6 642.00 5 776.00 released on SENS on 24 February 2020, the following additional
3 Yr Beta - 0.05 - 0.07 0.22 1.12 1.11 proforma financial information is provided for comparability
Price High 29 533 34 500 52 649 46 000 36 900 purposes. The proforma financial information excludes the
Price Low 19 900 23 002 29 005 32 100 25 528 effects of:
Price Prd End 22 497 26 715 33 000 35 000 35 500 *IFRS 16 Lease Standard for the six months ended 31 December
RATIOS 2019 (“current period”;) and
Ret on SH Fnd 16.23 19.77 22.17 27.96 30.16 *the reversal of the previous IAS 17 Leases for the six months
Ret On Tot Ass 5.51 10.82 9.89 12.64 12.49 ended 31 December 2018 (“prior comparative period’).
Oper Pft Mgn 5.43 5.17 5.32 6.37 6.33 Earnings per share (”EPS")
D:E 0.19 0.08 0.12 0.12 0.14 Statutory:
Int Cover 3.34 n/a n/a n/a n/a
Current Ratio 1.22 1.44 1.25 1.21 1.12 EPS of between 765.0 cents to 717.2 cents for the current period,
Div Cover 1.72 2.20 2.20 2.20 1.92 compared to EPS of 956.2 cents reported for the prior compara-
NUMBER OF EMPLOYEES: 6 435 tiveperiod. Thisrepresentsadecreaseofbetween20%and25%.
DIRECTORS: KnockAGW (Chair, ind ne), de Jager W F (CEO), Proforma:
Bosman M (ind ne), Hattingh A, HickeyHH(ind ne), *Proforma EPS of between 902.6 cents to 852.5 cents for the
Lushaba DrDSS(ind ne), Prowse A E (FD), SimamaneNV(ind ne), currentperiod(excludingIFRS16LeaseStandard),compared
Tapon NjamoGM(ind ne), Thoresson S A, van Aswegen W P
POPULAR BRAND NAMES: Cashbuild, Champion Cement, toEPSof956.2centsreportedforthepriorcomparativeperiod.
Champion Paint
POSTAL ADDRESS: PO Box 90115, Bertsham, 2013
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